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Dec 19, 2012
12/12
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ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year highs, the cac and dax at 52-week highs. this is more related to the expected aggressive monetary easing by the boj, but even the u.s. markets, the s&p 500 at a two-month high. >> i'm curious, we never really know how the fiscal cliff conversation plays out overseas. is it something that moves the needle in the markets in europe and asia? >> absolutely it does. given that, you know, in terms of european risk, everything pretty much done and dusted. we don't have much more european event risk until the end of the year, this is what we're focusing on. every morning when we get to work, we are watching the overnight comments from mr. obama and mr. boehner. that's why european markets have been trading higher the last two trading days because there is optimism that we will see a deal before t
ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year highs, the cac and dax at 52-week highs. this is more related to the expected aggressive monetary easing by the boj, but even the u.s. markets, the s&p 500 at a two-month high....
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Dec 26, 2012
12/12
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strengthening japan/ize lie yans is the first step toward rebuilding japan's diplomacy and security. >> abe promised the central government will take the lead in rebuilding disaster-hit regions in northeastern japan, especially fukushima prefecture, home to the damaged nuclear plant. the new prime minister says he will achieve results as soon as possible to redeem the trust of the japanese people. >>> prime minister abe's launched his cabinet tuesday after the top lawmakers elected him to the top job. both houses of parliament elected abe as prime minister, a post he held between 2006 and 2007. abe is the first politician in 64 years to return to the position after resigning. his liberal democrats ruled japan almost continuously for half a century. abe has spent the past week or so shaping his cabinet. he has filled it with some new faces and some familiar ones. y. shihide suga has taken on the job of cabinet secretary that makes him the head government spokesperson. he announced the roster of ministers. former prime minister taro aso takes the row. he is taking on the post of deputy
strengthening japan/ize lie yans is the first step toward rebuilding japan's diplomacy and security. >> abe promised the central government will take the lead in rebuilding disaster-hit regions in northeastern japan, especially fukushima prefecture, home to the damaged nuclear plant. the new prime minister says he will achieve results as soon as possible to redeem the trust of the japanese people. >>> prime minister abe's launched his cabinet tuesday after the top lawmakers...
WHUT (Howard University Television)
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Dec 28, 2012
12/12
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WHUT
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it is a chance for japan to rebuild trust. the new administration should swiftly present a clear direction. they need to quickly state the energy portfolio and decide on the use of nuclear energy in the first half of next year. >> reporter: people in japan are frustrated because they don't know where their country's energy policy is headed and what the future holds for nuclear power. they want clarity. prime minister abe's decision on this issue will face plenty of scrutiny and will be among the first of many tests for his administration. >>> stocks rallied here in tokyo, fukushima from the business team. they are here with more. >> the core index advanced for the fourth session in a row mainly on back of weaker yen, the japanese yen. the tokyo stock market closed the final session of 2012 at the year's highest level. investors are hoping prime minister shinzo abe's administration will tackle inflation and spur economic growth. a festive mood dominated at a ceremony that marked the end of trading for the year at the tokyo stoc
it is a chance for japan to rebuild trust. the new administration should swiftly present a clear direction. they need to quickly state the energy portfolio and decide on the use of nuclear energy in the first half of next year. >> reporter: people in japan are frustrated because they don't know where their country's energy policy is headed and what the future holds for nuclear power. they want clarity. prime minister abe's decision on this issue will face plenty of scrutiny and will be...
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Dec 13, 2012
12/12
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ongoing demonstrations to end japan's nuclear program entirely demonstrate a clear change in japan. more and more japanese are questioning their leaders. >> in that sense, the fukushima disaster has definitely made voters more politically active. it has made them take a more critical look at the government. the anti-nuclear movement is growing. it is taking root and teaming up with movements around the world. in general, there is a move towards alternative lifestyles, and that is certainly playing a big role on the political stage. >> questions also surround japan's weakened economy. sony was recently downgraded to junk status by ratings agency fitch. japan's once booming auto industry has also seen a slump in sales. competition from china and south korea continues to grow. china is also showing increasing confidence in its military operations. this year, japan and china have been locked in a saber-rattling showdown over the uninhabited, but highly disputed island group called the senkaku by the japanese. the conflict has provided a bullhorn for japan's far right. >> i don't think j
ongoing demonstrations to end japan's nuclear program entirely demonstrate a clear change in japan. more and more japanese are questioning their leaders. >> in that sense, the fukushima disaster has definitely made voters more politically active. it has made them take a more critical look at the government. the anti-nuclear movement is growing. it is taking root and teaming up with movements around the world. in general, there is a move towards alternative lifestyles, and that is...
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Dec 18, 2012
12/12
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>> japan should restore its political stability and economic viability. then japan and the u.s. should solve first existing issues and consolidate partnerships. i think many asia-pacific countries would like to see that. >> you mentioned japan should solve its own problems first, revive the economy would be one of them. how doourng the u.s.-led trans pacific partnership free-trade agreement would play into that. >> i think it is a great opportunity. we should accelerate our consultation, and when we get into negotiations, we should try to make that agreement as favorable to us as possible and it to the other countries as well. >> we should at least start talking? >> yes, i think so. >> as we heard earlier in the report the dispute over the territory in the east china sea drove a wedge between japan and china. what's your take on this, and how do you think the u.s. leaders view this issue. >> i think i'd like to say three things. one, we should restrain both of us, china and japan, and that's what we are doing. second, we should abide by international laws and norms. we should no
>> japan should restore its political stability and economic viability. then japan and the u.s. should solve first existing issues and consolidate partnerships. i think many asia-pacific countries would like to see that. >> you mentioned japan should solve its own problems first, revive the economy would be one of them. how doourng the u.s.-led trans pacific partnership free-trade agreement would play into that. >> i think it is a great opportunity. we should accelerate our...
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Dec 5, 2012
12/12
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-japan security treaty. the senate approved the authorization act for fiscal 2013 and sets the framework for the defense budget and has been amended to state the u.s. acknowledges they administer the senkaku island and states they take no official position on the sovereignty of the territory. the bill also reaffirms the u.s. commitment to japan under article five of the bilateral security treaty. that part of the treaty says the american military will defend japan in the event of an attack. the senate stance is identical to thest u.s. government's official position on the senkaku islands. analysts say the bill could send a strong message to the government on this issue. >>> as we mentioned earlier the typhoon that hit the philippines is taking a toll. rachel ferguson is here with the details. >> hi. yes. bopha is now located to the west of the philippines, having moved across the islands. it's still a typhoon, so still a very potent system. winds are sustained at 126 with gusts at 180. so it hasn't changed m
-japan security treaty. the senate approved the authorization act for fiscal 2013 and sets the framework for the defense budget and has been amended to state the u.s. acknowledges they administer the senkaku island and states they take no official position on the sovereignty of the territory. the bill also reaffirms the u.s. commitment to japan under article five of the bilateral security treaty. that part of the treaty says the american military will defend japan in the event of an attack. the...
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Dec 19, 2012
12/12
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KRCB
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kimura lives in kyoto in western japan. he worked at a post office until he was 65, and he farmed until he was . kimura will break the all-time record for male longevity on december 28th. >>> it's time now to take a look at the world weather forecast. heavy snow in eastern europe has claimed the lives of dozens of people and caused major disruptions in traffic and power supply. meteorologist sayaka mori gives us the details. >> hi there. the eastern part of europe has been hit by a severe cold snap. ukrainian oicials say 37 people have died from the severe cold spell. more than 150 people remain in hospital with frostbite 37 temperatures have dropped as low as 20 degrees in western parts of ukraine. snowstorms trapped hundreds of cars in a gigantic traffic jam on one of the major highways. the army came to help with tanks to clear snow and tow trapped vehicles. snow has let up in ukraine. so that's good news. but snow showers will return to this area on thursday. that couldamper recovery efforts unfortunately. meanwhile, se
kimura lives in kyoto in western japan. he worked at a post office until he was 65, and he farmed until he was . kimura will break the all-time record for male longevity on december 28th. >>> it's time now to take a look at the world weather forecast. heavy snow in eastern europe has claimed the lives of dozens of people and caused major disruptions in traffic and power supply. meteorologist sayaka mori gives us the details. >> hi there. the eastern part of europe has been hit by...
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Dec 20, 2012
12/12
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tracking sunny skies across much of japan. some the higher elevations where you see the exhibit snowfaconsi, there is a risk of avalanche. as it goes into saturday evening and into sunday, that's going to start to change back over to snow. then that influx of cold air coming out of siberia towards the northwest, that's really going to drop the temperatures back down again going into monday. a quick warmup over the weekend. it doesn't look like it will be lasting very long. where this cold air is coming from is northeastern china. mongolia, minus 24 for your high. your low, minus 27. beijing down to the minus 5 mark. to the tropics. raining, rather warm for you. mani manila, only getting to 22. you are seeing some heavy rainfall in areas that were absolutely devastated by a typhoon three weeks ago. continue to watch that here. now let's take a look to the meshgz a americas. you can see on the satellite picture that comma shape popping up here. that's indicating very strong, rather potent system attached to it. this cold front a
tracking sunny skies across much of japan. some the higher elevations where you see the exhibit snowfaconsi, there is a risk of avalanche. as it goes into saturday evening and into sunday, that's going to start to change back over to snow. then that influx of cold air coming out of siberia towards the northwest, that's really going to drop the temperatures back down again going into monday. a quick warmup over the weekend. it doesn't look like it will be lasting very long. where this cold air...
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Dec 21, 2012
12/12
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japan time right here on "newsline." >>> rice harvested in northern japan is being shipped all the way to europe. the destination norway. it's not for eating. it's being made into sake in the same traditional way it's been brewed in japan for centuries. >> reporter: in the norweigan capital, sake is getting popular. many people like to drink with their meals. >> translator: this is made in norway using japanese rice. it's really good. >> reporter: the flavor is tr fruity with a slight acidity. >> translator: i'm very proud of the sake made in norway. >> translator: i usually drink red wine but i love sake too. >> reporter: as europe acquires a growi ining taste for japanes food, demand for sake is increasing. europe's first and only sake brewery is here in the south of norway. it was set up two years ago by a local beer company. the brewer is from canada. he first discovered sake nine years ago and was amazed a complex flavor could be made from rice and water. three years ago he met the owner of this brewery at a sake workshop and was invited to norway to help start a production. >> it
japan time right here on "newsline." >>> rice harvested in northern japan is being shipped all the way to europe. the destination norway. it's not for eating. it's being made into sake in the same traditional way it's been brewed in japan for centuries. >> reporter: in the norweigan capital, sake is getting popular. many people like to drink with their meals. >> translator: this is made in norway using japanese rice. it's really good. >> reporter: the flavor...
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Dec 26, 2012
12/12
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japan time, right here on "newsline." >>> millions of people across japan are feeling extra cold today. mai shoji from our weather desk tells us why. >> we have lots of below-freezing temperatures across much of northern japan. here in tokyo we're going to be experiencing the coldest day so far this season, and also toward the northwest heavy snow and blizzard conditions are going to be continuing due to the very tinsified winter pressure pattern. sakayu has been seeing two meters 50 centimeters already of white stuff piling up, and it looks like it's going to be continuing into the next 24 hours. the sea effect snow will bring about 340 centimeters to the already very tall snow amounts and also 50 centimeters here in niigata prefecture. and also gusts are very strong. 126 kilometers per hour. and that's going to be picking up those waves along the coastal regions, up to about six meters high, and of course the fresh snow piling up on top of what we already have is going to raise the risk of avalanche. so lots of things happening here in japan and tokyo. we're looking at 7 for the high
japan time, right here on "newsline." >>> millions of people across japan are feeling extra cold today. mai shoji from our weather desk tells us why. >> we have lots of below-freezing temperatures across much of northern japan. here in tokyo we're going to be experiencing the coldest day so far this season, and also toward the northwest heavy snow and blizzard conditions are going to be continuing due to the very tinsified winter pressure pattern. sakayu has been seeing...
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Dec 19, 2012
12/12
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forces in japan. the house and senate armed services committees held a conference on the national defense authorization act for fiscal 2013. the committees approved a budget of $26 million for the marine's transfer. the bill is likely to be enacted later this week through votes in the house and senate sessions. congress froze funding in the previous fiscal year, citing a lack of progress and relocating the futenma air station in okinawa. japanese and u.s. officials earlier this year agreed to proceed with the transfer separating it from the futenma relocation issue. the u.s. military plans to transfer 9,000 marines to guam, hawaii, australia, and elsewhere. >>> researchers at a thinktank for japan's defense ministry are warning that the chinese navy may start getting active near the disputed senkaku islands. japan controls the islands in the east china sea. china and taiwan claim the islands. the national institute for defense studies released a report on china's security policy, focusing on its recen
forces in japan. the house and senate armed services committees held a conference on the national defense authorization act for fiscal 2013. the committees approved a budget of $26 million for the marine's transfer. the bill is likely to be enacted later this week through votes in the house and senate sessions. congress froze funding in the previous fiscal year, citing a lack of progress and relocating the futenma air station in okinawa. japanese and u.s. officials earlier this year agreed to...
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Dec 11, 2012
12/12
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that means japan must stay vigilant. >> japan's ruling party promised change. but it faces challenges, an economy dogged by uncertainty and disputes with neighbors over territory. voters now face a choice. who will they trust to guide their country forward? join us december 16th for "japan decides." >>> continued violence in afghanistan has cast a shadow over plans for the country to take over it's own security in 2013. the pentagon insists things are back on track. and uses phrase dramatically improved to describe the situation in a new report. we have a report from our bureau in bangkok. >> the u.s. department of defense has released its latest report on the on going battle with taliban in afghanistan. progress has been made, but much remains to be done. pressing issue, how to best train afghan forces to maintain security. the report released to the u.s. congress on monday. a key claim is that 76% of the country's population lives in areas where afghan police and troops maintain the leading role in security. it also states that attacks by the taliban rose by
that means japan must stay vigilant. >> japan's ruling party promised change. but it faces challenges, an economy dogged by uncertainty and disputes with neighbors over territory. voters now face a choice. who will they trust to guide their country forward? join us december 16th for "japan decides." >>> continued violence in afghanistan has cast a shadow over plans for the country to take over it's own security in 2013. the pentagon insists things are back on track. and...
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so it's the japan thing for us to learn from japan's experience with the japanese that understood their crisis was going to go on for a quarter of a century and that they were going to spend trillions and trillions of dollars they wouldn't boys did all that money paving the japanese countryside with cement and building bridges to nowhere. so the first economist was saying the u.s. is on that path of low growth stagnant growth increasing government debt and the second guy was saying hey we need to avoid the path that japan went on so either way people are comparing their us to japan story what do you think of that comparison i really don't think there is a comparison i mean look look at the google facebook look at apple compared to sony i mean. america is still an entrepreneurial society look at the legacy car manufacturers which are coming back america apparel industry is recovering america is a dynamic vibrant economy where innovation takes place all the time only in japan japan post the second world war showed what it could do they were innovators they led the world in production engi
so it's the japan thing for us to learn from japan's experience with the japanese that understood their crisis was going to go on for a quarter of a century and that they were going to spend trillions and trillions of dollars they wouldn't boys did all that money paving the japanese countryside with cement and building bridges to nowhere. so the first economist was saying the u.s. is on that path of low growth stagnant growth increasing government debt and the second guy was saying hey we need...
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Dec 11, 2012
12/12
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the snow picture will be remaining across much of north western japan. this is the usual average, 130 centimeters. 18 centimeters but the average is about one centimeter. way above the normal territories. 180 centimeters of which 30 centimeters builds up in the course of hours. really heavy rain is pounding the regions. the snowfall forecast into wednesday morning up to 70 centimeters. all the way down towards the south. blowing know will be possible. visibility very low and traveling conditions will be very much disturbed. already we have cancellations and delays with the flights in the regions. the pacific side will be remaining dry and much warmer than we felt yesterday even though the temperatures are the same. it's about 11 degrees for the high in tokyo. minus one and it's about minus ten for your low. minus 17 is for your high. moving over to the american continent we do have ten tornado touchdown reported in mississippi, louisiana and in florida as well. this is likely to continue due to this cold front that has been bringing so many hazardous wea
the snow picture will be remaining across much of north western japan. this is the usual average, 130 centimeters. 18 centimeters but the average is about one centimeter. way above the normal territories. 180 centimeters of which 30 centimeters builds up in the course of hours. really heavy rain is pounding the regions. the snowfall forecast into wednesday morning up to 70 centimeters. all the way down towards the south. blowing know will be possible. visibility very low and traveling...
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Dec 3, 2012
12/12
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japan has more than 350 tunnels that are 30 years or older. experts say operators must check all of these structures to make sure they are safe. chiaki ishikawa, nhk world, tokyo. >>> government auditors say the collapsed tunnel was not as strong as it should be. they shey told the tunnel's operator before it was opened to address the problem. the board of audit says it inspected the tunnel's construction in 1976, a year before it opened. they say it found problems related to faulty construction. concrete covering the curved ceiling was reportedly thinner than planned and lacked strength. it has yet to be determined whether the collapse took place where the auditors found the problems. the central nippon expressway says the tunnel was strengthened after the inspection. it says it does not think the faults cited by the inspectors caused the collapse. >>> japanese politicians are just hours away from launching their official campaigns for this month's general election. things get going tuesday. voters go to the polls in mid-december to pick lawm
japan has more than 350 tunnels that are 30 years or older. experts say operators must check all of these structures to make sure they are safe. chiaki ishikawa, nhk world, tokyo. >>> government auditors say the collapsed tunnel was not as strong as it should be. they shey told the tunnel's operator before it was opened to address the problem. the board of audit says it inspected the tunnel's construction in 1976, a year before it opened. they say it found problems related to faulty...
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Dec 18, 2012
12/12
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KCSM
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now to japan where the prime minister designate is taking a tough line after his victory at the polls saying there can be no compromise over the island is at the center of dispute with china. china has reacted with alarm. beijing declared itself "ready to work with japan" and they expressed disquiet. >> the former prime minister vowed to put the japanese economy back on track after years of deflation made worse by a soaring currency that has squeezed japanese exporters. >> a landslide victory for the conservative ldp party. voters are putting their trust in his promise to get the economy back on track. >> the mission we have been given is to beat inflation and deal with the high yen and wall dealing with the economy and working to create more jobs. >> many voters were critical over the handling of the devastating earthquake, tsunami, and nuclear disaster. they say it was last eight support rather than a rejection of the outgoing premier. >> politics is all about the results. we have to take responsibility. the cause of this major defeat lies with me, as the leader of this party. i her
now to japan where the prime minister designate is taking a tough line after his victory at the polls saying there can be no compromise over the island is at the center of dispute with china. china has reacted with alarm. beijing declared itself "ready to work with japan" and they expressed disquiet. >> the former prime minister vowed to put the japanese economy back on track after years of deflation made worse by a soaring currency that has squeezed japanese exporters. >>...
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after goal line technology was used for the first time in the opening match of the club world cup in japan the goal refs sister had just one goal to register as local champion sam frenching hiroshima edged all three in city from new zealand the rival hawkeye system is also being tested at the competition as a quiet football revolution has finally occurred after years of debate. then on friday a former heavyweight champion and kind overact at mike tyson was guest star at the weigh in head of the fourth fight between money pack out and my well mark as batman was nearly two kilos heavier but still went on to suffer the third knock out of his illustrious career the defeat came just over a week before the filipino congressman turns thirty four. hour saturday the queens of tennis turned into dancing queens as victoria azarenka and serena williams proved that you can drive at an exhibition tournament in brazil while the one as our get one in the match six three seven five but the best players have reasons to be happy after each and over seven million dollars this season and are the only two women
after goal line technology was used for the first time in the opening match of the club world cup in japan the goal refs sister had just one goal to register as local champion sam frenching hiroshima edged all three in city from new zealand the rival hawkeye system is also being tested at the competition as a quiet football revolution has finally occurred after years of debate. then on friday a former heavyweight champion and kind overact at mike tyson was guest star at the weigh in head of the...
WHUT (Howard University Television)
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Dec 6, 2012
12/12
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WHUT
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all these cars were sold here in japan. officials with the transport ministry say a wiring problem may cause the brake lights and reverse lights to fail. >>> executives at kansai electric power company are at work on a restructuring plan. they've made a proposal for bonus and salary cuts to the union that represents the company's workers. the restructuring plan would put in place after kepco executives sought government approval to charge higher electricity rates. they say the suspension of nuclear power plants is forcing them to raise prices. officials have proposed to cut workers' salaries by an average of 16%. they want to cut the base wages by about 5%, and they also want to cancel summer bonuses next year. the proposal would also require the company to shut down some of its vacation facilities as well as corporate gymnasiums. kepco officials are looking to slash $1.9 billion in costs annually for three years starting next april. the government panel assessing the request for the rate increases is going to be checking t
all these cars were sold here in japan. officials with the transport ministry say a wiring problem may cause the brake lights and reverse lights to fail. >>> executives at kansai electric power company are at work on a restructuring plan. they've made a proposal for bonus and salary cuts to the union that represents the company's workers. the restructuring plan would put in place after kepco executives sought government approval to charge higher electricity rates. they say the...
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Dec 29, 2012
12/12
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. >> you like japan, yes or no. >> i love japan. >> i like cliff naturals i like the least because of the debt. >> summed it. charles you better deliver on the picks. happy new year . david asbin and forbes on fox is here right now. >> just about everybody is trying to stop the tax cuts from expiring. but billions in subidies for wind energy should be expiring. could they be right or will they blow up energy prices. we'll go in focus with steve bor bes and bill and morgan. is it paying off? >> no, it is 18 times that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it
. >> you like japan, yes or no. >> i love japan. >> i like cliff naturals i like the least because of the debt. >> summed it. charles you better deliver on the picks. happy new year . david asbin and forbes on fox is here right now. >> just about everybody is trying to stop the tax cuts from expiring. but billions in subidies for wind energy should be expiring. could they be right or will they blow up energy prices. we'll go in focus with steve bor bes and bill and...
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Dec 6, 2012
12/12
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all these cars were sold in japan. officials with the transport ministry say a wiring problem may cause the brake lights and reverse lights to fail. >>> executives at kansai electric power company are at work on a restructuring plan. they've made a proposal for bonus and salary cuts to the union representing the company's workers. the restructuring plan would put in place after kepco executives sought government approval to charge higher electricity rates. they say the suspension of nuclear power plants is forcing them to raise prices. officials have proposed to cut workers' salaries by an average of 16%. they want to cut base wages by about 5% and to cancel summer bonuses next year. the proposal would also require the company to shut down some of its vacation facilities and corporate gymnasiums. kepco officials are looking to slash $1.9 billion in costs annually for three years starting next april. a government panel assessing the request for the rate increases will check the progress of restructuring efforts. >>> the
all these cars were sold in japan. officials with the transport ministry say a wiring problem may cause the brake lights and reverse lights to fail. >>> executives at kansai electric power company are at work on a restructuring plan. they've made a proposal for bonus and salary cuts to the union representing the company's workers. the restructuring plan would put in place after kepco executives sought government approval to charge higher electricity rates. they say the suspension of...
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and is considered the first former not to operate the don't forward training center in japan his films have helped to make a ketone more popular and attractive those students of your shit can also buy the philosophy behind the fighting has to work its history that this brutal development of course the physical development is and is very important because they have to keep fit it's one aspect but this first so in order is more or less and so maybe this is over and done and the standard said no that's not necessary for my mood so it was inside of me and i'll turn it over that isn't going to go here is one of the first things in the art and judging by the benefits these students can gain from such a demanding martial arts it's difficult to argue against it if nicole archos. well she. and finally as prey olympic trials continue in the winter games resort of sochi president vladimir putin held a progress meeting on board a train as a new well away line was unveiled to help take athletes current spectators from the city to the mountains around closer and has more. when the railway project wa
and is considered the first former not to operate the don't forward training center in japan his films have helped to make a ketone more popular and attractive those students of your shit can also buy the philosophy behind the fighting has to work its history that this brutal development of course the physical development is and is very important because they have to keep fit it's one aspect but this first so in order is more or less and so maybe this is over and done and the standard said no...
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well i mean nato is reaching out to countries like australia and japan to intensify their cooperation but i'll give you an example of that you just mentioned a country where relatively often and that is libya if it had not been for nato colonel gadhafi would have murdered the inhabitants of him god i don't know that we don't know that how do you know that you know the history you know that we. will now that are his or. her we will have this is guy for twenty years thirty years he's a crazy guy don't listen to him and he makes one statement then you listen to him it doesn't make any logical sense at all his troops. sampling outside of benghazi they were preparing to enter the town he has said that we were he will squash the cockroaches who live there and i quote the colonel gadhafi don't know them and i were going to add reuters that are already a very sad reuters story ok we're writers as i'm generally speaking a rather good reputation anyway and if they're going to go inward and hire fly to islam misfires not to the population of bengal it's true i don't think so what he said online
well i mean nato is reaching out to countries like australia and japan to intensify their cooperation but i'll give you an example of that you just mentioned a country where relatively often and that is libya if it had not been for nato colonel gadhafi would have murdered the inhabitants of him god i don't know that we don't know that how do you know that you know the history you know that we. will now that are his or. her we will have this is guy for twenty years thirty years he's a crazy guy...
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if we use japan as a model back in the one nine hundred ninety s. late eighty's and ninety's the japanese the nikkei stock market went up to as high as forty thousand and real estate prices were twenty thousand dollars per square foot in central tokyo now those were two bubbles that were created by the marketplace that we see happening now in other places around the world and so what happened in japan when the bubbles pop. that asset bubbles popped they got to a deflationary scenario and they they were the original ones with q.e. now that's the same thing that's happening right now around the world all the other banks are printing money so now what it is it's a race to debase currencies now currencies if you look at japanese j.j. jeebies the bonds the main holders their debt is over two hundred percent of g.d.p. in japan but the main holders are the pension funds and the pension funds of the people their pensions are evaporating will probably never be paid the money that they expect to retire ok but the currency has appreciated drastically against t
if we use japan as a model back in the one nine hundred ninety s. late eighty's and ninety's the japanese the nikkei stock market went up to as high as forty thousand and real estate prices were twenty thousand dollars per square foot in central tokyo now those were two bubbles that were created by the marketplace that we see happening now in other places around the world and so what happened in japan when the bubbles pop. that asset bubbles popped they got to a deflationary scenario and they...
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will come into power here in japan and they are already proposing some quite sweeping changes to japan's economic policy including basically unlimited quantitative easing so basically taking the federal reserve u.s. style route in trying to stimulate the economy when you mention the l.d.p. that will that democratic party i mean these economic troubles are benefiting them the opposition there how could this change the political situation inside the country. well i think we're about to see quite a big about face taking place of course the l.d.p. the liberal democrat party was in power for almost the entirety of the post-war period here in japan but for the past few years the japanese electorate basically tried a little bit too to try a different party they tried with the democratic party in japan that hasn't worked out in the ways that it was expected to and certainly economically speaking japan continues to be that basket case of the of asia so basically it seems that almost inevitable that the l.d.p. is going to be put back into power next week and with that comes not only big changes in
will come into power here in japan and they are already proposing some quite sweeping changes to japan's economic policy including basically unlimited quantitative easing so basically taking the federal reserve u.s. style route in trying to stimulate the economy when you mention the l.d.p. that will that democratic party i mean these economic troubles are benefiting them the opposition there how could this change the political situation inside the country. well i think we're about to see quite...
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well i mean nato is reaching out to countries like australia and japan to intensify their cooperation but i'll give you an example of that you just mentioned a country where i travel relatively often and that is libya if it had not been for nato colonel gadhafi would have murdered the inhabitants of let him go i don't know that we don't know that how do you know that would do you know what he's for you know that we don't know that that's what he's are going to i know has he does he was i use this guy for twenty years thirty years he's a crazy guy don't listen to him and he makes one statement then you listen to him it doesn't make any logical sense at all his troops were sampling outside of benghazi they were preparing to enter the town he has said that we will he will squash the cockroaches who live there and i quote the colonel gadhafi there's no. other add reuters or already a very bad reuters story ok well reuters has a generally speaking a rather good reputation anyway and this is going to go in what he said as a flight to islamist fighters not to the population as being god's tr
well i mean nato is reaching out to countries like australia and japan to intensify their cooperation but i'll give you an example of that you just mentioned a country where i travel relatively often and that is libya if it had not been for nato colonel gadhafi would have murdered the inhabitants of let him go i don't know that we don't know that how do you know that would do you know what he's for you know that we don't know that that's what he's are going to i know has he does he was i use...
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. sawus in 1985, 1990's, you an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. economy is simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the global minotaur was wounded. while in rude health, the minotaur formed new forms of pleasure and new forms of deprivation. ample security for a few and spectacular insecurity for most. creating spectacul
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. sawus in 1985, 1990's, you an explosion of money minting on the back of the daily capital tsunami that floated to feed the global...
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well you know you mentioned deflation and central bank and ferries and for over twenty years now japan has been in this state of deflationary collapse and now we have a new prime minister in voted in to really end this time to really really really stop it this time and japan's new government to get aggressive incoming prime minister i'll be a valid stimulus lower interest rates japanese voters max on sunday ousted the current government and set the stage for a new prime minister who is valued to adopt a large stimulus cut interest rates and take more measures to revive growth in the world's third biggest economy right i mean look you might want to thank you going on here something to vent by cutting. right they benefited homeowners and mortgage owners by seventy billion pounds at the same time they took from pensioners and savers one hundred forty billion pounds so it's not like they are you know people say oh the pentagon money out of thin air they're printing money at it it's not coming from anywhere that's also false because actually what they're doing is they're transferring money
well you know you mentioned deflation and central bank and ferries and for over twenty years now japan has been in this state of deflationary collapse and now we have a new prime minister in voted in to really end this time to really really really stop it this time and japan's new government to get aggressive incoming prime minister i'll be a valid stimulus lower interest rates japanese voters max on sunday ousted the current government and set the stage for a new prime minister who is valued...
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Dec 31, 2012
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japan, one. we go into, for example, two guys viewed as failures our at least not very successful guys, and that would be andrew jackson higgins, who produced an incredible number of craft, landing craft, but after the war was kind of out of business, but especially we look at people like howard hughes. howard hughes is viewed as a giant failure during world war ii because he doesn't produce any weapons that work. everybody knows about the spruce goose. he produces the wooden reconnaissance airplane, very fast but they are really use before the end of the war. this is the whole point. people like howard hughes where necessary so that we could have people like henry kaiser. it's only because you have the failures that you know what doesn't work. every time something doesn't work you know not to go there. and so it's because we have this, and other countries did not, they insisted that you win every time or you die. that's going to cause a problem down the line. that's no different than europe. the
japan, one. we go into, for example, two guys viewed as failures our at least not very successful guys, and that would be andrew jackson higgins, who produced an incredible number of craft, landing craft, but after the war was kind of out of business, but especially we look at people like howard hughes. howard hughes is viewed as a giant failure during world war ii because he doesn't produce any weapons that work. everybody knows about the spruce goose. he produces the wooden reconnaissance...
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Dec 28, 2012
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. >>> and japan's finance minister is saying other companies have no right to lecture japan on its currency policy instead calling for the u.s. to seek a strong dollar. >>> okay. welcome back to "worldwide exchange" this morning. let's take a quick check on trade as we close out the last full trading week of the year. not even a full week, but just one of the last trading weeks of the year. >> monday seems so far away. >> it's just kind of sticking out there, the 24th and 31st. european markets were closed for boxing day week. got back into trade yesterday. sort of a mixed bag across the board. u.s. markets were weaker and this morning europe is following the u.s. down that path. the ftse just a little bit lower. the xetra dax down by .1%. the cac 40 which was one of the strong performers yesterday giving up some of its gains. the ibex 35 underperforming. >> the penny stock not worth a whole lot so you have to take that into consideration. but yeah, drifting lower on the bond markets. today we have this italian debt auction which would be interesting. we've got rome offering somewhere in 2
. >>> and japan's finance minister is saying other companies have no right to lecture japan on its currency policy instead calling for the u.s. to seek a strong dollar. >>> okay. welcome back to "worldwide exchange" this morning. let's take a quick check on trade as we close out the last full trading week of the year. not even a full week, but just one of the last trading weeks of the year. >> monday seems so far away. >> it's just kind of sticking out...
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themselves as the dominant force the odd dominant force in the world and i think the rhetoric versus japan but also the u.s. is increasingly hot and the tone of the u.s. is increasingly hot and its own in asia which is mimicking what we've seen in europe so i think one of those and a step towards to be very likely but i remain of the opinion that social tension rule come back in two thousand and thirteen and that could be the one incident of one event that changes the financial landscape which right now i have to say is the most optimistic seen since one thousand nine hundred ninety there's not a single analyst on wall street who thinks as and he's going to be down next year and the average six big to return for it produces twenty three and twenty percent next year so having said that you know we've put the really really high inches expected asian almost as high as we put it low for twenty twelve and maybe that is what we need to be on the outlook for what about russia any major catastrophes here . i don't think i think the of the ten predictions we made of course that energy prizes energy
themselves as the dominant force the odd dominant force in the world and i think the rhetoric versus japan but also the u.s. is increasingly hot and the tone of the u.s. is increasingly hot and its own in asia which is mimicking what we've seen in europe so i think one of those and a step towards to be very likely but i remain of the opinion that social tension rule come back in two thousand and thirteen and that could be the one incident of one event that changes the financial landscape which...
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if we use japan as a model back in the one nine hundred ninety s. late eighty's and ninety's the japanese the nikkei stock market went up to as high as forty thousand and. so now what it is it's a race to debase currencies now currencies if you look at japanese judge jeebies the bonds. the main holders their debt is over two hundred percent of g.d.p. in japan but the main holders of the pension funds are the pension funds and the people their pensions are evaporating will probably never be paid the money that they expect to retire ok but the currency has appreciated drastically against the us dollar it's gone from way over three digits like one hundred ten or one hundred fifteen down to seventy seven dollars so people have made money on that and. the trade actually worked but now you're getting in on winding and you've got a new prime minister who's got a real big job on his hands there who's just walked into the job it's the second time around hopefully he'll be able to make some significant changes but the changes he wants to make are the keynesia
if we use japan as a model back in the one nine hundred ninety s. late eighty's and ninety's the japanese the nikkei stock market went up to as high as forty thousand and. so now what it is it's a race to debase currencies now currencies if you look at japanese judge jeebies the bonds. the main holders their debt is over two hundred percent of g.d.p. in japan but the main holders of the pension funds are the pension funds and the people their pensions are evaporating will probably never be paid...